The Covid-19 pandemic increases the demand for contactless shopping and for self-scanning. That is why British supermarket chain Asda is rolling out its mobile self-scanning system 'Scan & Go Mobile' to all its 581 stores.
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Walmart will move forward with the planned sale of its British subsidiary Asda. Three investment companies are said to be interested in the supermarket chain.
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Morrisons announces a major restructuring in which 3,000 management jobs will disappear. At the same time, the British supermarket chain wants to create 7,000 new jobs "on the shop floor".
Walmart subsidiary Asda will roll out a pickup service in the UK within an hour of ordering and set up a test with Kellogg’s and Unilever.
The four largest supermarket chains in the United Kingdom have lost a part of their market share in the last few months - again. The main winners are discounters Lidl and Aldi... and Ocado.
There will be no merger of Asda and Sainsbury’s, after the Competition and Markets Authority vetoed the move. The chains will not appeal, so the merger is definitively off the cards.
Sainsbury’s and Asda, two British supermarket chains hoping for a merger, have promised to lower their prices and limit their margins if that makes their partnership possible. This is their response to the competition watchdog's opposition to the deal.
American investment firm KKR is considering making a bid on Walmart's British subsidiary Asda, now that the merger between Asda and Sainsbury's is beginning to look very unlikely.
If the British competition watchdog blocks the proposed merger between Walmart's subsidiary ASDA and Sainsbury’s, an investment fund could offer a way out.
The Competition and Markets Authority sees too much overlap between Sainsbury's and Asda in as much as 463 locations after the planned merger of the two chains, leaving consumers with too little choice. The decision is a threat to just shy of 500 stores.
Just two days after rumours about a possible merger between British department store chains Asda and Sainsbury’s surfaced, the news broke that the deal has been finalized. The group will become the largest in the United Kingdom, replacing Tesco.
British Asda left purchase alliance EMD on 1 January. It joined the group early 2016, but prefers to deal manufacturers directly from now on.
To say that British supermarket chain Asda suffered a weak year would be an understatement: 2016 was its worst year since Walmart acquired the chain in 1999.
American Walmart plans to appoint Sean Clarke, currently CEO of its Chinese division, as CEO of its British division, Asda.